2017-05-23
Philips Lighting announced that its Philips iColor Accent MX Powercore LED lights provided the interactive digital lighting for the exterior architectural frame of Montreal’s iconic Jacques Cartier Bridge Illumination. The bridge illumination was unveiled during a grand opening celebration earlier this week to commemorate both Montreal’s 375th birthday and Canada’s 150th.
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2017-05-17
The global custom and state-of-the-art lighting market is seeing a uptick in activity in the market as a result of latest advancements in lighting technology and applications. The market is witnessing rapid advancements as well as uses for lighting technologies, while the LED lighting technologies dominated the market in terms of revenue contribution in 2016. Lighting solutions and advancements in the market of note this week include: AV1 Group, Inc., Cree Inc., Koninklijke Philips N.V, Amazon.com, Inc., General Electric.
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2017-05-16
Philips Lighting announced the launch of Philips Master LED ExpertColor GU10 and MR16, a new range of LED spot lamps enabling customers to create a warm and comfortable ambience with superior color realization using a customized light spectrum with advanced phosphor technology and deep dimming. The new range is aimed at providing a superior lighting experience for premium hospitality and residential spaces where ambience matters.
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2017-05-10
Philips Lighting continues to push the boundaries of LED lighting innovations at the LIGHTFAIR International Trade Show and Conference taking place May 9 through 11, 2017 in Philadelphia. The company is introducing new offerings designed to help reduce energy and operating costs, improve the comfort and utilization of a space, and deliver value that goes beyond illumination. These latest technology advancements combine the accumulative improvements in energy efficiency with enhanced quality and capabilities of connected LED lighting.
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2017-05-08
The Dubai Municipality has recently signed a MOU with two major developers to boost the use of energy-efficient lighting.
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2017-05-08
Philips Lighting announced that it has completed the cancellation of 3.5 million its own shares.
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2017-05-08
Philips Lighting has designed and delivered a sophisticated fitting room lighting system for Popper, a luxury tailors for ladies in Prague. The Popper salon, which opened recently in the city center, lets customers try on clothes under different lighting conditions. A simple flick of a switch in the fitting room installed with Philips AmbiScene lighting enables them to select accurate reproduction of bright daylight, an intimate evening ambience or a pleasant household light.
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2017-05-04
Philips Lighting (Euronext Amsterdam ticker: LIGHT), a global leader in lighting, today announced Philips TrueForce LED, a unique range of innovative LED lamps. The new range includes TrueForce LED Urban, an LED lamp alternative for outdoor luminaires in public spaces and TrueForce LED Industrial and Retail, the first true plug-and- play LED lamp alternative for industrial, large-scale retail applications to replace traditional HID lamps.
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2017-05-03
Philips Lighting recently launched a new wireless connected lighting system aimed at today’s global office lighting systems market worth more than $5 billion1. The Philips InterAct Office system enables building managers to reduce energy use by up to 70 percent, optimize operations and create a more comfortable environment without major office renovation. Available first in the US, it targets the 15 billion square feet market for existing offices in North America2. The system, with lamps and luminaires equipped with sensors, is installed and operated by Philips Lighting as a managed service, dispensing with the need for customers to make upfront capital investments.
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2017-05-03
Dutch lighting giant Philips Lighting announced that its Saudi Arabia JSC has signed a strategic distribution agreement with major retailor Ahmed Abdulwahed Trading Company to sell its LED and home products, according to Arab News.
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2017-04-25
Philips Lighting announced that MediaMarkt’s flagship store in the center of Eindhoven will introduce "Store Guide” app. It allows customers in store to use their smartphones to locate products and be guided to them quickly and easily thanks to innovative LED lighting that acts as an indoor positioning system.
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2017-04-24
Philips Lighting announced the company’s 2017 first quarter results on Friday, which showed improvement in comparable sales growth, continued increase in operational profitability and free cash flow.
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2017-04-11
Leviton announced the development of the new Wireless Room Controller System and App, the first and only system on the market compatible with Philips InstantFit LED lamps with EasySmart technology. Easy to install controls within this system include keypad room controllers, wireless occupancy sensors and a wireless photocell, enabling LED dimming and control retrofits with no fixture wiring changes.
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2017-04-07
Sports fans know there is no greater rush than the start of a big game or the thrill of celebrating your team’s victory live at an arena. Now, fans will be able to experience that rush in their own homes with a new collaboration between Philips Lighting (Euronext Amsterdam ticker: LIGHT), a global leader in lighting, and the Golden State Warriors.
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2017-04-06
Philips Lighting (Euronext Amsterdam ticker: LIGHT), a global leader in lighting, has today released findings that reveal the impact outdoor lighting has on 'curb-appeal' or the desirability of a home. Outdoor lighting is a key consideration when buying a home for nearly half of Europeans (45%) - beating the type of windows, roof or paintwork of a house, as a consideration. While one third of all Europeans agree that outdoor lighting has a significant impact on the appeal of a home.
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2017-04-06
Philips Lighting has become the first lighting solutions provider to announce the launch of a ‘chatbot’ on their local Facebook page, allowing users to purchase Philips Lighting’s suite of consumer products conversationally through Facebook’s messenger platform.
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2017-03-29
Philips Lighting announced that its LED stage lighting added to the drama and detail of an award-winning production of the hit Broadway musical Wicked at the historic Theatre Royal in Hobart, Tasmania – Australia’s island state.
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2017-03-29
Philips Lighting announced the appointment of Alok Ghose as the Managing Director and Cluster Leader for Singapore, Malaysia and Export markets. In addition to overseeing the Malaysian operations for Philips Lighting, his new remit now includes leading the Singapore and Export operations for Myanmar, Brunei, Laos, and Cambodia.
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2017-03-24
The future of Prairie Village, a city in Johnson County, Kansas, may look even brighter later this year. The Prairie Village City Council recently approved the plan to purchase 1,736 new LED street lights from Philips Lighting that will be installed citywide.
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2017-03-24
Philips Lighting has announced a connected LED street lighting project with a difference. The lighting company will equip the picturesque island of Ameland, in the Netherlands, with energy efficient LED street lighting and Philips ClearSky, a light spectrum specially designed to be friendly to migrating birds.
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2017-03-20
Philips Lighting has announced that its control systems are managing the new stunning color illumination of the landmark 167 feet (50.9 m) high Niagara Falls, the world’s most famous waterfalls located on the border of both US and Canada.
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2017-03-14
ADI Energy, an energy services company headquartered in Smithfield, Rhode Island, announced it completed construction of a significant LED Lighting Upgrade at the US Department of Energy (DOE) James Forrestal Building in Washington DC.
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2017-03-09
Philips Lighting and Cerezo Osaka, the J1 League soccer club, have signed an agreement in which Philips Lighting becomes the club’s ‘official lighting partner.’ The company plans to provide design, consultancy services and advanced LED lighting technology for the club’s stadium and practice pitches.
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2017-03-08
Philips Lighting and Globus, a major grocery retailer in Germany, have measured the positive effects of lighting in a joint research project. In collaboration with German Research Center for Artificial Intellifence DFKI and EIT Digital, a series of experiments were conducted at the Globus supermarket in Saarbrücken to study the impact of different combinations of colored lighting on sales and customer behavior.
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2017-03-07
Philips Lighting and Tarkett, a global provider of innovative and sustainable flooring, announced the launch of Luminous vinyl flooring. The specially developed vinyl tiles are embedded with cutting-edge LED technology that enables retailers to advertise, interact with customers and guide them through any store or building.
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2017-02-23
Philips Lighting and Ericsson jointly introduced today a new smart pole, Philips lightpole site slim, targeted initially at European cities. Philips lightpole site combines Philips’ energy efficient LED lighting with Ericsson’s leading small cell technology for high-speed broadband connectivity.
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2017-02-22
At the 2017 Smart City Summit and Expo, held in Taipei, Taiwan, connected lighting is one important trend that cannot be overemphasized. Philips Lighting, the Dutch lighting giant, presented an integrated smart lighting solution to showcase its resolution to compete in this market.
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2017-02-22
Philips Lighting has implemented dynamic LED lighting for the prestigious apartment and hotel complex OVO Wrocław, in Wrocław, Poland. The building is equipped with over one kilometer of linear LED fixtures, 8,500 luminaries and 6,750 remote controlled modules.
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2017-02-04
Philips Lighting, a global leader in lighting, today announced the largest LED stadium lighting system of its type for Australia’s newest sporting venue, Perth Stadium. The stadium plans to use LED lighting to support its mission to become the premier, multi-purpose venue in the southern hemisphere.
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2017-01-26
Sales of EUR 7.12 billion (US $7.66 billion), with comparable sales of -2.4% (2015: -3.5%)
Continued year-on-year improvement in operational profitability
Adjusted EBITA of EUR 645 million (2015: EUR 547 million
Adjusted EBITA margin improvement of 180 basis points to 9.1% (2015: 7.3%)
Net income of EUR 185 million (2015: EUR 240 million), including EUR 143 million charges not applicable in 2015 for brand license, separation costs and financial expenses
Free cash flow of EUR 418 million (2015: EUR 632 million) or 5.9% of sales
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